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Rosen Law Alerts Globant Investors to June 23 Lead-Plaintiff Deadline in Securities Suit

The notice sets a June 23 deadline for investors to seek the lead role directing the lawsuit.

Overview

  • Rosen Law issued a notice reminding Globant stock buyers of a June 23, 2026 deadline to ask the court to serve as lead plaintiff, a role that guides the case for the group.
  • A securities class action has been filed that challenges Globant’s statements about a roughly $1 billion pivot to expand its Latin American business.
  • The lawsuit alleges the strategy was not successful and cites declining demand, client defections, canceled projects, and wage freezes in Mexico and Argentina that disrupted staff and degraded service.
  • The complaint says investors were harmed when these alleged problems became public, and any recovery will depend on future court decisions or a settlement.
  • No class has been certified, so investors are not represented unless they hire a lawyer, and the firm says participation could be on a contingency-fee basis.